FMP
First Trust Low Duration Strategic Focus ETF
LDSF
NASDAQ
Under normal market conditions, the fund seeks to achieve its investment objectives by investing at least 80% of its net assets (including investment borrowings) in a portfolio of U.S.-listed exchange-traded funds ("ETFs") that principally invest in income-generating securities that provide it with a duration of three years or less. A significant portion of the ETFs in which the fund invests may be advised by First Trust. The fund is non-diversified.
18.66 USD
-0.1009 (-0.541%)
Operating Data
Year
2020
2021
2022
2023
2024
2025
2026
2027
2028
2029
Revenue
108.89M
215.66M
179.59M
117.46M
24.02M
22.05M
20.24M
18.58M
17.06M
15.66M
Revenue %
-
98.04
-16.72
-34.6
-79.55
-8.21
-8.21
-8.21
-8.21
Ebitda
-77.62M
198.69M
100.87M
41.3M
-51.61M
536.93k
492.87k
452.43k
415.31k
381.23k
Ebitda %
-71.28
92.13
56.16
35.16
-214.84
2.43
2.43
2.43
2.43
Ebit
-79.39M
197.03M
99.37M
39.52M
-53.29M
327.75k
300.86k
276.18k
253.51k
232.71k
Ebit %
-72.91
91.36
55.33
33.64
-221.81
1.49
1.49
1.49
1.49
Depreciation
1.77M
1.67M
1.49M
1.78M
1.67M
516.5k
474.12k
435.22k
399.51k
366.73k
Depreciation %
1.62
0.77
0.83
1.51
6.97
2.34
2.34
2.34
2.34
Balance Sheet
Year
2020
2021
2022
2023
2024
2025
2026
2027
2028
2029
Total Cash
101.51M
116.45M
204.45M
240.21M
243.16M
19.73M
18.11M
16.62M
15.26M
14.01M
Total Cash %
93.22
54
113.84
204.5
1.01k
89.44
89.44
89.44
89.44
Receivables
54.74M
78.41M
69.86M
40.35M
20.12M
10.75M
9.86M
9.05M
8.31M
7.63M
Receivables %
50.27
36.36
38.9
34.36
83.76
48.73
48.73
48.73
48.73
Inventories
4.51M
5.53M
4.07M
-
-
395.7k
363.23k
333.43k
306.07k
280.96k
Inventories %
4.14
2.57
2.27
-
-
1.79
1.79
1.79
1.79
Payable
3.44M
1.28M
288k
375k
953k
361.81k
332.12k
304.87k
279.86k
256.89k
Payable %
3.16
0.6
0.16
0.32
3.97
1.64
1.64
1.64
1.64
Cap Ex
-1.2M
-1.99M
-624k
-2.18M
-165k
-216.48k
-198.72k
-182.41k
-167.45k
-153.71k
Cap Ex %
-1.1
-0.92
-0.35
-1.85
-0.69
-0.98
-0.98
-0.98
-0.98
Weighted Average Cost Of Capital
Price
0.93
Beta
Diluted Shares Outstanding
119.18M
Costof Debt
105.05
Tax Rate
After Tax Cost Of Debt
105.05
Risk Free Rate
Market Risk Premium
Cost Of Equity
Total Debt
10.77M
Total Equity
111.03M
Total Capital
121.8M
Debt Weighting
8.84
Equity Weighting
91.16
Wacc
18.34
Build Up Free Cash Flow
Year
2020
2021
2022
2023
2024
2025
2026
2027
2028
2029
Revenue
108.89M
215.66M
179.59M
117.46M
24.02M
22.05M
20.24M
18.58M
17.06M
15.66M
Ebitda
-77.62M
198.69M
100.87M
41.3M
-51.61M
536.93k
492.87k
452.43k
415.31k
381.23k
Ebit
-79.39M
197.03M
99.37M
39.52M
-53.29M
327.75k
300.86k
276.18k
253.51k
232.71k
Tax Rate
-108.98
-108.98
-108.98
-108.98
-108.98
-108.98
-108.98
-108.98
-108.98
-108.98
Ebiat
-85.12M
150.56M
70.77M
30.22M
-111.36M
278.01k
255.2k
234.26k
215.04k
197.39k
Depreciation
1.77M
1.67M
1.49M
1.78M
1.67M
516.5k
474.12k
435.22k
399.51k
366.73k
Receivables
54.74M
78.41M
69.86M
40.35M
20.12M
10.75M
9.86M
9.05M
8.31M
7.63M
Inventories
4.51M
5.53M
4.07M
-
-
395.7k
363.23k
333.43k
306.07k
280.96k
Payable
3.44M
1.28M
288k
375k
953k
361.81k
332.12k
304.87k
279.86k
256.89k
Cap Ex
-1.2M
-1.99M
-624k
-2.18M
-165k
-216.48k
-198.72k
-182.41k
-167.45k
-153.71k
Ufcf
-140.36M
123.38M
80.66M
63.49M
-89.04M
8.97M
1.42M
1.3M
1.19M
1.09M
Wacc
18.34
18.34
18.34
18.34
18.34
Pv Ufcf
7.58M
1.01M
783.82k
608k
471.62k
Sum Pv Ufcf
10.45M
Terminal Value
Growth In Perpetuity Method
Long Term Growth Rate
Wacc
18.34
Free Cash Flow T1
1.12M
Terminal Value
6.83M
Present Terminal Value
2.94M
Intrinsic Value
Enterprise Value
13.4M
Net Debt
-232.39M
Equity Value
245.79M
Diluted Shares Outstanding
119.18M
Equity Value Per Share
2.06
Projected DCF
2.06 0.548%
